Innovation Policy in European Union: a supply chain perspective

Abstract

The spectrum of implemented instruments of research, technology and innovation policy is widely differentiated nowadays, reflecting the scope of institutions and interests involved, stretching from public funding of research institutions over various forms of financial incentives to the conducting of research and experimental development, including the institutions and mechanisms of technology transfer. In many European countries, these instruments dominated the research and technology policy for the last three decades. This paper focuses on the analysis of these topics, focusing on the institutional context of innovation supply chain in European Union, providing insights of an efficient supply chain management, towards an effective innovation policy in European Union level.